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required inrormation The following information applies to the questions displayed below.] Altira Corporation provides the following information related to its inventory during the month of August 2024 : August 1 Inventory on hand-2,300 units; cost $6,40 each. August 8 Purchased 11,500 units for $5. Bo each. Auguat 14 sold 9,200 units for $12.30 each. August 18 purchased 6,900 units for $5,00 each. August 25 Sold 8,200 units for $11.30 each. August 28 purchased 4,300 units for $5.80 each. August 31 Inventory on hand-7, 600 units. 2. Using calculations based on a perpetual inventory system, determine the inventory balance Altira would report in its August 31 , 2024, balance sheet and the cost of goods sold it would report in its August 2024 income statement using the Average cost method. Note: Round "Average Cost per Unit" to 2 decimal places